This paper examines alternative risk management strategies in terms of their effectiveness for three representative Alberta farm operations. Stochastic dynamic simulation methods are used to model financial performance for these farms, and alternative risk management programs are compared in...

The focus of this study is to examine the risk and return trade-offs for various crop rotations and tillage systems. The geographic area represented in this study will be that contained within four soil, and five climatic zones within the Province of Alberta. The predominant crops grown in these...

In this paper, we examine risk reductions possible by including off-farm assets with farm assets in a form growth context. We specify a dynamic investment model in which an individual can invest in hog finishing barns, stocks, and financial holdings. We solve this model for an Alberta hog...

The objective of this study was to analyze the performance of Alberta farmland relative to investment opportunities from financial securities. It is an extension of an earlier study undertaken by Mercier (1988) and Philllips et al. (1989). This study re-examines the period from 1964 to 1985, and...

The Canadian beef industry has stated objectives of improving beef quality and consumer satisfaction while reducing unit costs of production. Suggested methods for achieving these goals include working towards value based marketing and improved information flows between different market levels...

The objectives of this study were to measure returns and the variation in returns for hog finishers in Alberta. From this base, different strategies were assessed as to their ability to reduce the level of price risk faced by producers. The National Tripartite Stabilization Program was reviewed...

The structure of the Alberta hog industry has changed drastically over the past several decades. Historically, Alberta hog production was mainly comprised of many small and privately owned operations. Most hog farms continue to be privately owned and operated but the structure of Alberta's hog...

This project has examined after tax gross margin net present values accruing to Alberta wheat farmers under three fertilizer and crop rotation systems; a fixed rotation traditional fertilizer system, a static economic fertilizer decision system within a fixed rotation, and a static economic...

The majority of calf production in Alberta occurs in conjunction with grain growing enterprises. This study hypothesized that a major reason for this occurrence is the risk reduction opportunities which arise from on farm \"portfolios\" of grain and cattle. Annual rates of return were calculated...

This study investigates the risk and return of retained ownership of steer calves past weaning, in Alberta. The study is approached using an historical simulation. The base simulation model is based on a producer retaining 100 beef steers every fall for the years 1979 to 1991. There are three...